How Diversified Energy makes money

Period

FY2025

How does Diversified Energy make money? This Sankey traces every dollar of revenue through the income statement — into cost of revenue, R&D, SG&A, and taxes — and shows what's left as profit. Pick any fiscal year, recent quarter, or the trailing twelve months. Straight from SEC filings.

Diversified Energy Company · FY2025 · year ended 2025-12-31

Revenue$1.8BGross profit$1.8B · 100%Cost of revenue$0 · 0%Operating income$535M · 29%Operating expenses$1.3B · 71%SG&A$168M · 9%Other opex$1.1B · 62%Pre-tax income$341M · 19%Other expense$194M · 11%Net income$341M · 19%Natural Gas Reserves$830M · 45%Oil & Condensate$501M · 27%Natural Gas Per Thousand Cubic Feet$208M · 11%Natural Gas Midstream$40M · 2%Product & Service Other$32M · 2%Other revenue$218M · 12%

Each fiscal year from SEC filings. Percentages are share of revenue, so the green profit nodes read directly as gross / operating / net margin. Line items a company doesn't break out are derived from their siblings so the flows balance; small residuals show as “Other.” For informational purposes only.